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MARKETING 1.01
MARKETING 1.01

... 1-Investigate competitors 2-Identify problems 3-Evaluate market share 4-Analyze economic changes ...
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...  Culture - Every culture is different - even from one European country to another. Your product, advertising and even brand may need to be adapted to suit your new market.  Control & Co-ordination - Trading abroad is not only about selling, but also after sales service. All these people will have ...
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... What’s an ‘attractive’ market segment? • Can you clearly identify who they are? • Do you know enough about them to understand how this segment is distinct? • Too much overlap between segments means that distinct marketing strategies aren’t necessary to meet segment members’ needs • Can you reach or ...
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Product Marketing Strategy

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Welcome to Marketing 2!

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Target audience

A target audience is the intended audience or readership of a publication, advertisement, or other message. In marketing and advertising, it is a specific group of people within the target market at which a product or the marketing message of a product is aimed (Kotler 2000). For example, if a company sells new diet programs for men with heart disease (target market), the communication may be aimed at those men but also perhaps at their spouses (target audience). Targeted marketing and targeted advertising strive for narrowcasting rather than broadcasting.A target audience can be formed of people of a certain age group, gender, marital status, etc., e.g. teenagers, females, single people, etc. A combination of factors, e.g. men aged 20–30 is a common target audience. Other groups, although not the main focus, may also be interested. Discovering the appropriate target market(s)and determining the target audience is one of the most important activities in marketing management (Niewenhuizen et al. 2000). Perhaps the biggest mistake it is possible to make in targeting is trying to reach everybody and ending up appealing to no-one.
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